Monnit
Monnit is a private IoT company that designs and distributes 80+ wireless sensor types (ALTA, Next Wi-Fi, PoE-X) with cloud and on-premises iMonnit software, serving SMB and enterprise customers across 40+ verticals in 130+ countries for remote monitoring, compliance, and automation.
- Company typePrivate
- Founded2010
- HeadquartersSouth Salt Lake, United States
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Monnit does
Monnit Corporation is a privately held IoT remote monitoring company founded in 2010 and headquartered in South Salt Lake, Utah. The company designs, manufactures, and distributes an end-to-end platform comprising three proprietary wireless sensor product families: ALTA Wireless (Frequency-Hopping Spread Spectrum radios with up to 2,000+ ft range through 18+ walls and 10+ year battery life on 2 AA cells), Next Wi-Fi (gateway-free Wi-Fi-native sensors), and PoE-X (Power over Ethernet sensors). Hardware is paired with the iMonnit software stack (Basic free, Premiere at $99/year per subscription, Enterprise tiers scaling 250 to 5,000 sensors, plus the on-premises Enterprise Appliance), Monnit Mine developer platform, and SensorPrints data authentication. Proprietary features include Encrypt-RF security (256-bit ECDH key exchange with 128-bit AES), hot-swappable NIST Detachable Leads with embedded calibration memory, and integrations with BACnet, Modbus TCP, SNMP, and MQTT/REST APIs.
The company sells 80+ sensor SKUs through a hybrid go-to-market that combines direct sales (phone, email, monnit.com storefront), major electronic component distributors (Mouser Electronics, Digi-Key, Arrow Electronics, Ingram Micro Canada, TESSCO Technologies), regional resellers, and an OEM/reseller program (IoTvantage). Customer base spans SMB and enterprise across 40+ vertical markets including laboratory and pharmaceutical (FDA 21 CFR Part 11, NIST traceability, EN12830), food storage and service (commercial refrigeration, HACCP), facility management, manufacturing, data center and IT, agriculture, and healthcare (including NICU monitoring). Distribution is global, with operating presence in North America, Europe, Japan (via Widetec), and Korea (Monnit Korea), and stated reach across 130+ countries supporting 90K+ clients with 72B+ accumulated data points as of March 2026.
Revenue is generated through a mix of one-time hardware sales, recurring iMonnit software subscriptions, cellular gateway data plans with 2-year service agreements, and professional services for installation, training, and custom development via Monnit Labs. Pricing on the catalog is opaque, but subscriptions are standardized (e.g., $99/year Premiere) and Enterprise software scales with sensor count, while cellular data is metered (~$5/month minimum plus per-MB overage). The company is bootstrapped with no disclosed funding rounds, holds registered trademarks across ALTA, ALTA XL, PoE-X, iMonnit, SensorPrints, and Encrypt-RF, and is led by founder/CEO Brad Walters.
Monnit firmographics
Firmographics- Name
- Monnit
- Legal name
- Monnit Corporation
- Website
- https://monnit.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Monnit is a private IoT company that designs and distributes 80+ wireless sensor types (ALTA, Next Wi-Fi, PoE-X) with cloud and on-premises iMonnit software, serving SMB and enterprise customers across 40+ verticals in 130+ countries for remote monitoring, compliance, and automation.
- Ownership category
- akta.pro rank
Monnit industry classification
Industry- Product category
- Industrial IoT Sensors
- NAICS
- Other Measuring and Controlling Device Manufacturing (334519), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Industrial Instruments For Measurement, Display, And Control (3823), Measuring & Controlling Devices, Nec (3829)
- akta.pro primary industry
- Continuous/Remote Monitoring Systems (IoT Sensors, Telemetry, Networks) (EUAHACAL)
- akta.pro secondary industries
- Precision Sensing & Monitoring (Soil/Weather Stations, In-Field Sensors, IoT) (AFAGALAB), Waste Management & Smart Sanitation (Facilities) (HSAPAPAM)
Keywords
Where Monnit is headquartered
LocationHeadquarters
- HQ city
- South Salt Lake
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Monnit business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hardware Sales: Monnit sells wireless IoT sensors (80+ types), gateways (cellular, Ethernet, PoE), and accessories. One-time hardware purchase with prices subject to change without notice. Orders under $5,000 may take up to three weeks to ship.
- Cellular Gateway Service: Cellular gateways require a 2-year service agreement with monthly or prepaid billing. Monthly data fees based on per megabyte usage with 1-megabyte minimum charged on the 5th of monthly billing cycle. $5 handling fee for manually generated invoices on cellular service.
- iMonnit Software Subscriptions: iMonnit Basic provided free to customers who purchased sensors. Premium monitoring services billed annually with first services billed upon initiation. iMonnit Premiere subscription, Enterprise tiers (250, 1000, 2000, 5000), Express (10, 25, 100 sensors), and HX Heartbeat Credits available.
- Professional Services: Training services, installation services, and product customization available. Custom wireless sensors and new product development through Monnit Labs.
- Data Export and API Access: Mine software platform for API access and developer testing. On-premises Enterprise Appliance option. MQTT webhooks and REST API for data integration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Free | iMonnit Basic (Free) |
| Subscription | Annual | iMonnit Premiere Subscription |
| Subscription | Annual | iMonnit Enterprise Tiers |
| Subscription | Annual | iMonnit Express |
| Usage-based | Monthly | Cellular Gateway Service |
| Usage-based | Pay-as-you-go | iMonnit HX Heartbeat Credits |
| Subscription | Annual | On-Premises Enterprise Appliance |
| Unit Pricing | One time/ perpetual license | SensorPrints Data Authentication |
Go-to-market motion1 record
Distribution channels10 records
Marketing channels6 records
Monnit product offering
Product offeringCore offering
Monnit designs, manufactures, and sells wireless IoT sensors (80+ types spanning temperature, humidity, water, motion, vibration, pressure, gas, current, voltage, and light), gateways (cellular, Ethernet, PoE-X, Serial Modbus), and cloud-based monitoring software (iMonnit) for remote environmental, power, and motion monitoring. The platform serves SMB and enterprise customers across 40+ verticals including facility management, food service, healthcare, laboratories, manufacturing, agriculture, and data centers.
Product overview
Monnit provides a comprehensive IoT remote monitoring platform consisting of three core hardware product lines (ALTA Wireless, Next Wi-Fi, and PoE-X Power over Ethernet sensors), multiple gateway options (cellular, Ethernet, industrial, serial Modbus), and cloud/on-premises software (iMonnit cloud, iMonnit Express, iMonnit Enterprise, Monnit Mine). The portfolio includes over 80 sensor types covering temperature, humidity, water detection, motion, current, voltage, pressure, gas detection, light, vibration, and more. Sensors transmit data to gateways which connect to iMonnit software for real-time monitoring, alerts, and analytics. NIST-certified calibration services, Sensorprints data authentication, and iMonnit HX high-frequency reporting are add-on modules. The platform supports integration via REST API, MQTT/webhooks, BACnet, Modbus TCP, and SNMP. Monnit serves 90K+ customers across 130+ countries with 72B+ data points collected, offering both direct purchase and partner distribution channels.
Differentiator
Problem solved
Functional benefit
Brands
- ALTA: ALTA Wireless Sensors - Long-range wireless IoT sensors with FHSS technology and bank-grade security
- ALTA XL
- Next
- PoE-X
- iMonnit
- iMonnit Express
- iMonnit Enterprise
- Monnit Mine
- SensorPrints
- Encrypt-RF
Products and services
- ALTA Wireless Sensors Long-range wireless IoT sensors operating on Frequency-Hopping Spread Spectrum (FHSS) with up to 2,000+ feet range through 18+ walls. Over 80 sensor types are available covering temperature, humidity, water detection, motion, current, voltage, pressure, gas detection, light, and vibration. Features bank-grade Encrypt-RF security with 256-bit ECDH key exchange and 128-bit AES encryption. Target customers include facility managers, lab technicians, and operations teams across 40+ verticals.
- ALTA XL IoT Gateways IoT gateways connecting ALTA wireless sensor networks to the iMonnit cloud software. Supports cellular (North American and International 2G/4G LTE), Ethernet, and ALTA XL connectivity with extended range up to 2,000+ feet through 18+ walls. Required infrastructure hub for deploying ALTA wireless sensors.
- PoE-X Power over Ethernet Sensors Power over Ethernet sensors that combine power and data over a single Ethernet cable, enabling wired connectivity for industrial environments where Ethernet infrastructure is preferred over wireless. Targeted at IT and facilities teams deploying structured cabling.
- Next Wi-Fi Sensors Wi-Fi enabled sensors that connect directly to existing Wi-Fi networks without requiring a separate gateway. Includes temperature, humidity, motion, and water detection variants for simpler installations and cost-sensitive deployments.
- iMonnit Cloud Software Cloud-based sensor management platform providing real-time data visualization, alerts via email/text/push/voice, rule configuration, reports, and data export. Free Basic tier is included for purchased-sensor customers; premium Premiere ($99/year) and Enterprise tiers add advanced features.
- iMonnit Express
- iMonnit Enterprise
- Monnit Mine
- Serial Modbus Gateway
- Enterprise Appliance (MNA-EXP-APL-250)
- ALTA Industrial IoT Gateway
Quantifiable outcome
- Up to 2,000+ ft wireless range through 18+ walls
- +5 more outcomes
Companies that use Monnit
Customer profileNamed customers6 records
Segments8 records
Ideal customer profiles3 records
Monnit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability3 records
Feature9 records
Monnit partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core, minor and major.
- Sensor CalibrationscoreMonnit's accredited lab partner for NIST certification services. Sensor Calibrations delivers certification for NIST Detachable Leads including 25-month certificates for standard temperature and 13-month certificates for low temperature and humidity variants. Calibration data automatically synchronizes to Monnit's iMonnit software platform.
- WidetecminorNew partner selling Monnit sensors in Japan to expand presence in the Japanese market.
- UScellularcoreContinued partnership for cellular connectivity solutions for Monnit IoT sensors.
- Mouser ElectronicscoreGlobal distribution agreement signed January 2019. Mouser Electronics distributes Monnit wireless sensors globally as an authorized distributor.
- CradlepointcorePartnership to deliver wireless sensor to cloud connectivity solutions for IoT. Combines Monnit sensors with Cradlepoint wireless edge routers for enterprise connectivity.
- Digi-KeycoreMonnit ALTA products available through Digi-Key for electronic component distribution worldwide.
- Ingram Micro CanadamajorDistribution agreement for Canadian market through Ingram Micro Canada's distribution channels.
- Arrow ElectronicsmajorDistribution agreement for North American enterprise market through Arrow Electronics' distribution network.
- TESSCO TechnologiesmajorDistribution partner for North American market, named by Monnit as a new distribution partner.
- IoTvantagemajorIoTvantage partner program launched as premier IoT partner program for resellers and OEMs to capitalize on Internet of Things opportunities.
- U.S. CellularcorePartnership to offer reliable cellular connected monitoring solutions for IoT sensors using U.S. Cellular's network.
- SprintcoreAlignment with Sprint to offer new and reliable business monitoring solutions using Sprint's cellular network.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Monnit competitors and assessment
Company assessmentBroad incumbents
- Sensata Technologies: Large industrial sensor manufacturer with broad sensing portfolios for transportation, aerospace, and industrial applications; competes with Monnit's broader industrial monitoring efforts at scale.
- Honeywell Sensing & IoT: Industrial sensing powerhouse spanning environmental, pressure, and wireless monitoring; directly competes in the same IoT remote monitoring space Monnit targets, with deeper enterprise distribution.
- TE Connectivity: Global connectivity and sensor manufacturer serving industrial, medical, and transportation markets with IoT-ready components; overlaps with Monnit on industrial environmental sensing.
- Advantech: Industrial IoT platform and embedded sensor solutions provider targeting factory automation, environmental monitoring, and smart buildings; competes in the same facility/industrial verticals.
- Parker Hannifin (Industrial Sensing): Diversified industrial manufacturer with a sensing division offering condition and environmental monitoring for plants; a deep-pocketed competitor with overlapping industrial IoT go-to-market.
Direct peers
- Banner Engineering: Wireless sensor and IIoT monitoring solutions provider with DXM controllers and SureCross wireless networks; serves similar facility, factory, and condition monitoring use cases as Monnit's ALTA line.
- Multi-Tech Systems (MultiTech): Long-standing IoT gateway and wireless sensor networking vendor specializing in cellular and LoRa-based remote monitoring; shares Monnit's cellular IoT gateway and SMB-to-enterprise GTM.
- Laird Connectivity (ACR / Ezurio): Wireless IoT module and sensor gateway provider using Bluetooth, LoRaWAN, and cellular for remote monitoring applications; comparable channel and OEM-driven business model.
Emerging players
- Senix (ToughSonic): Wireless ultrasonic and environmental sensor manufacturer for industrial monitoring; a smaller niche peer in remote wireless sensing similar to Monnit's sensor-tier catalog.
- LoRaWAN/Actility-style IoT platform vendors (e.g., TagoIO, Blues Wireless): Cloud-native IoT connectivity and sensor data platforms serving the long tail of remote monitoring applications; an adjacent peer more on the data and connectivity layer than hardware.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Monnit social profiles
Digital presenceMonnit compliance and trust
Trust signalCompliance4 records
Monnit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monnit leadership team
Management profileNumber of profiles
Profiles1 record
Monnit subsidiaries and ownership
Company hierarchySubsidiaries2 records
Monnit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monnit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monnit
What does Monnit do?
Monnit designs, manufactures, and sells wireless IoT sensors (80+ types spanning temperature, humidity, water, motion, vibration, pressure, gas, current, voltage, and light), gateways (cellular, Ethernet, PoE-X, Serial Modbus), and cloud-based monitoring software (iMonnit) for remote environmental, power, and motion monitoring. The platform serves SMB and enterprise customers across 40+ verticals including facility management, food service, healthcare, laboratories, manufacturing, agriculture, and data centers.
Is Monnit a public or private company?
Monnit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Monnit founded?
Monnit was founded in 2010. It employs 51 to 100 people.
Where is Monnit based?
Monnit is headquartered in South Salt Lake, United States, in the North America region.
How does Monnit make money?
Five revenue lines are on record. Hardware Sales are the primary driver. The others are cellular Gateway Service, iMonnit Software Subscriptions, professional Services and data Export and API Access.
Who are Monnit's main competitors?
Broad incumbents on record are Sensata Technologies, Honeywell Sensing & IoT, TE Connectivity, Advantech and Parker Hannifin (Industrial Sensing). Direct peers are Banner Engineering, Multi-Tech Systems (MultiTech) and Laird Connectivity (ACR / Ezurio). Emerging players are Senix (ToughSonic) and LoRaWAN/Actility-style IoT platform vendors (e.g., TagoIO, Blues Wireless).
Does Monnit have an API?
Yes. Monnit offers a REST API for accessing sensor data and managing devices. The API supports data retrieval, device configuration, and webhook integrations. Developers can generate access tokens through iMonnit for authentication. The Mine Software platform provides an API Developer and Trial License Agreement for third-party developers to build non-commercial prototype applications using Monnit data. Developer documentation is at support.monnit.com/article/211.
What industry is Monnit in?
Monnit's product category is Industrial IoT Sensors. Its primary akta.pro industry code is EUAHACAL, Continuous/Remote Monitoring Systems (IoT Sensors, Telemetry, Networks), with a secondary code of AFAGALAB, Precision Sensing & Monitoring (Soil/Weather Stations, In-Field Sensors, IoT). Its NAICS code is 334519 and its SIC code is 3823.